I cannot understand why you wrote that $\eta$ is the rapidity: It would be the rapidity if $L$ were the boost, but this is not the case because the internal sign in the RHS of the formula defining $L$ is wrong. Your $L$ is formally an angular momentum if you do not pay attention to the weird name of the variable $t$, time?
Well, in addition to the procedures suggested by
Qmechanic there is a third heuristic quite "brute force" way to get, however rapidly, the expression of $e^{i\eta L}$ in absence of any notion of Lie group representation theory. You could simply: (a) use the "universal relation"
$$\left(e^{a \frac{d}{dx}}\right) f(x) = f(x+a)\qquad (1)$$
which evidently holds true at least for real analytic functions just because it is nothing but the Taylor expansion!
And (b) you can change variables.
Let us start from:
$$t = r \sin \tau\:, \quad z = r \cos \tau\qquad (2)$$
so $$\frac{\partial z}{\partial \tau} = -t\:, \quad \frac{\partial t}{\partial \tau} = z$$
and thus
$$L = i \left( - \frac{\partial z}{\partial \tau} \frac{\partial}{\partial z}- \frac{\partial t}{\partial \tau} \frac{\partial}{\partial t}\right) = - i \frac{\partial}{\partial \tau}\:.$$
If you have a function $\psi(t,z)$ you can re-define:
$$\phi(\tau, r):= \psi(t(\tau, r), z(\tau, r))\:,$$
so that exploiting (1):
$$\left(e^{i\eta L}\psi\right)(t,z)= \left(e^{\eta \partial_\tau}\phi\right)(\tau,r)= \phi(\tau +\eta,r) = \psi(t(\tau+\eta, r), z(\tau+\eta, r))\:,\quad (3)$$
Since, from (2):
$$t(\tau+\eta, r)= t\cos \eta + r \sin\eta\:, \qquad z(\tau+\eta, r)= r\cos \eta - t \sin\eta$$
we conclude, from (3), that:
$$\left(e^{i\eta L}\psi\right)(t,z) = \psi\left( t\cos \eta + r \sin\eta, r\cos \eta - t \sin\eta\right)$$
As expected from the fact that $L$ is, formally, an angular momentum operator.
If the sign in the RHS of the definition of $L$ were $+$, the same procedure could be used replacing $\sin$ with $\sinh$ and $\cos$ for $\cosh$ everywhere, eventually obtaining:
$$\left(e^{i\eta L}\psi\right)(t,z) = \psi\left( t\cosh \eta + r \sinh\eta, r\cosh \eta + t \sinh\eta\right)\:.$$
(Please check all signs)
WARNING: All this discussion is completely heuristic without mathematical guarantee for the validity of the obtained results which are, however, correct under suitable hypotheses on the employed space of functions and the topologies used to compute the exponential. For instance the formal Taylor expansion of an exponential like $e^{iA}$ is generally and incorrect procedure, leading to false results, if $A$ is an unbounded operator in a Hilbert or Banach space, also adopting the strong operator topology.